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Debenture vs Derivative - What's the difference?

debenture | derivative |

As a noun debenture

is a certificate that certifies an amount of money owed to someone; a certificate of indebtedness.

As an adjective derivative is

.

debenture

Noun

(en noun)
  • A certificate that certifies an amount of money owed to someone; a certificate of indebtedness.
  • (obsolete) A certificate of a loan made to the government; a government bond.
  • * 1942 , Elliot Paul, The Last Time I Saw Paris , Sickle Moon 2001, p. 72:
  • Madame Corre, who made the important decisions after her plodding husband had spent hours on the ledger, sold the family debentures and put the money into Dutch decurities.
  • (finance) A type of bond secured only by the general credit or promise to pay of the issuer, now commonly issued by large, well established corporations with adequate credit ratings.
  • *
  • , title=The Mirror and the Lamp , chapter=2 citation , passage=That the young Mr. Churchills liked—but they did not like him coming round of an evening and drinking weak whisky-and-water while he held forth on railway debentures and corporation loans. Mr. Barrett, however, by fawning and flattery, seemed to be able to make not only Mrs. Churchill but everyone else do what he desired.}}

    Derived terms

    * debenture bond * debenture stock

    derivative

    English

    Adjective

    (en adjective)
  • Obtained by derivation; not radical, original, or fundamental.
  • a derivative''' conveyance; a '''derivative word
  • Imitative of the work of someone else.
  • (legal, copyright) Referring to a work, such as a translation or adaptation, based on another work that may be subject to copyright restrictions.
  • (finance) Having a value that depends on an underlying asset of variable value.
  • Lacking originality.
  • Noun

    (en noun)
  • Something derived.
  • (linguistics) A word that derives from another one.
  • (finance) A financial instrument whose value depends on the valuation of an underlying asset; such as a warrant, an option etc.
  • (chemistry) A chemical derived from another.
  • (calculus) The derived function of a function.
  • The derivative of f:f(x) = x^2 is f':f'(x) = 2x
  • (calculus) The value of this function for a given value of its independent variable.
  • The derivative of f(x) = x^2 at x = 3 is f'(3) = 2 * 3 = 6.

    Synonyms

    * (something derived) spinoff * (finance) contingent claim * derived function

    Derived terms

    * arithmetic derivative * directional derivative * exterior derivative * * partial derivative * symmetric derivative * time derivative * total derivative * weak derivative

    Antonyms

    * coincidental

    Hyponyms

    * (finance) option, warrant, swap, convertible security, convertible, convertible bond, credit default swap, credit line note, financial futures contract, financial future, total return swap.